New Listing
$2,740,000
 $14,709 est/mo Sourced by Back At You

515 Caribbean Drive,KEY LARGO, FL 33037

KEY LARGO, FL 33037

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Description

Waterfront Boater's Paradise in Premier Port Largo Welcome to 515 Caribbean Drive, an exceptional waterfront property in sought-after Port Largo, one of the Upper Keys' premier boating neighborhoods. This solid CBS home, built in 1993, offers 2,748 sq. ft. of living space, 5 bedrooms, 3 baths, serious boating infrastructure, and direct open-ocean access through deep, wide canals. The home features custom cabinetry in the kitchen and baths, a 2019 metal roof, and a 13,000-pound boat lift with functional davits. But the true showstopper is downstairs: an extraordinary 3,144-square-foot climate-controlled garage, offering rare and highly versatile space for boats, vehicles, water toys, equipment, storage, or a workshop. Set on a 12,500-square-foot lot with 100 feet of seawall, this property is designed for the ultimate Keys lifestyle. Deep, wide canals provide an exceptional launch point for boating, fishing, diving, and exploring the Florida Keys and beyond. The location is equally compelling--approximately one hour from Miami, steps from Key Largo Park and Jacobs Aquatic Center, and minutes from excellent restaurants, shopping, and everyday conveniences. For the serious boater or anyone seeking an exceptional waterfront lifestyle, 515 Caribbean Drive offers a rare combination of open-ocean access, substantial climate-controlled garage space, 100 feet of seawall, and outstanding boating infrastructure in one of the Upper Keys' most desirable neighborhoods.

Details

MLS #621052
Listing TypeFor Sale
StyleHouse
HOA Dues$350
Sub-TypeResale
StatusActive
Year1993
Days On Site5
Listing Provided ByColdwell Banker Schmitt Key Largo | Philip Kravitz

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,748
ZoningIS - Improved Subivision Distric
Acreage0.28
Water FrontYes
Property ViewCanal

Taxes

Property7892

Area Information

StateFL
CountyMonroe
CityKEY LARGO
Zip Code33037
Area27 Key Largo MM 97 107
Community NamePort Largo (100.0)
Listing VS Median (in Port Largo (100.0))
Price:
$2,740,000
low | high
Med:
$2,750,000
49.63503649635% of Average
sqft:
2,748
low | high
Med:
2,485
59.570596797671% of Average
$ / sqft:
$997
low | high
Med:
$1,107
39.012909574234% of Average
On site:
5
low | high
Med:
62
8.064516129032% of Average
Sourced by Back At You

Market Activity 33037

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Learn More About This Property

StateFL
CountyMonroe
CityKEY LARGO
Zip Code33037
Area27 Key Largo MM 97 107
Community NamePort Largo (100.0)
Listing VS Median (in Port Largo (100.0))
Price:
$2,740,000
low | high
Med:
$2,750,000
49.63503649635% of Average
sqft:
2,748
low | high
Med:
2,485
59.570596797671% of Average
$ / sqft:
$997
low | high
Med:
$1,107
39.012909574234% of Average
On site:
5
low | high
Med:
62
8.064516129032% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.55M - $3.425M
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
501 Caribbean Drive Property Photo 1
$3,250,000
501 Caribbean Drive
Key Largo, FL 33037
478 Bahia Avenue Property Photo 1
$2,150,000
478 Bahia Avenue
Key Largo, FL 33037
Listing Updated: August 21, 2026 at 3:19:46 PM PDT